玲珑轮胎(601966) - 2017 Q1 - 季度财报

Financial Performance - Operating revenue rose by 51.19% to CNY 3,374,391,798.81 year-on-year[8] - Net profit attributable to shareholders decreased by 6.67% to CNY 255,305,843.39 compared to the same period last year[8] - Basic earnings per share decreased by 22.22% to CNY 0.21 per share[8] - The weighted average return on equity decreased by 2.77 percentage points to 3.14%[8] - Net profit for Q1 2017 was CNY 104,195,710.46, down 22.9% from CNY 135,349,872.06 in Q1 2016[31] - The total comprehensive income for Q1 2017 was CNY 104,195,710.46, a decrease from CNY 135,349,872.06 in the previous year[31] Cash Flow - Net cash flow from operating activities turned negative at CNY -285,420,471.10, a decline of 150.36% compared to the previous year[8] - Cash flow from operating activities showed a net outflow of CNY -285,420,471.10, a significant decline of 150.36% compared to CNY 566,749,863.50 in the previous year[16] - Cash inflow from financing activities amounted to 2,033,927,101.38 RMB, compared to 1,821,679,524.82 RMB in the prior period, reflecting an increase of approximately 11.5%[36] - The net cash flow from investment activities was -99,055,511.28 RMB, an improvement from -600,213,253.50 RMB year-over-year, showing a reduced cash outflow in investments[36] - The total cash outflow from operating activities was 2,581,110,356.57 RMB, significantly higher than 1,523,187,622.35 RMB in the previous period, indicating increased operational costs[35] Assets and Liabilities - Total assets increased by 6.61% to CNY 19,149,289,751.17 compared to the end of the previous year[8] - The company's total liabilities increased to CNY 8,784,059,558.00 from CNY 7,772,642,280.59, indicating a rise in financial obligations[20] - The company's cash and cash equivalents rose to CNY 2,601,736,188.06 from CNY 2,290,257,345.59, reflecting improved liquidity[19] - Accounts receivable increased to CNY 1,882,866,324.13 from CNY 1,819,988,342.18, indicating a growth in sales and credit terms[19] - The total liabilities increased to ¥7,621,742,869.34, compared to ¥6,864,975,651.19 at the beginning of the year, indicating a growth of 11.0%[25] Shareholder Information - The total number of shareholders reached 91,748 by the end of the reporting period[12] - The largest shareholder, Linglong Group Co., Ltd., holds 50.35% of the shares[12] Government Support and Other Income - The company received government subsidies amounting to CNY 5,785,970.23 during the reporting period[10] - Non-recurring gains and losses totaled CNY 6,833,106.55 for the quarter[10] - The company reported a decrease in investment income to CNY 279,817.36, down 80.44% from CNY 1,430,717.24, mainly due to lower profits from rubber futures trading[16] Operational Costs - Operating costs rose to CNY 2,598,430,471.26, reflecting a 74.55% increase from CNY 1,488,629,972.06, primarily due to rising raw material prices and increased sales volume[15] - Total operating costs amounted to ¥3,095,963,298.34, up 59.0% from ¥1,945,637,147.98 year-on-year[28] - Cash paid for purchasing goods and services was 2,170,792,659.54 RMB, which is a substantial increase from 1,246,182,273.88 RMB, reflecting a rise of approximately 74.1%[35]